BRN 2.22% 22.0¢ brainchip holdings ltd

2020 BRN Discussion, page-10388

  1. 5,723 Posts.
    lightbulb Created with Sketch. 3318
    The conversation always turns negative on the flat trading days that follow meteoric rises.
    When the stock isn't blitzing, people naturally start to assume the worst.

    Yes, there are risks...

    1. The CEO has said in many videos "you can never discount Intel, Nividia, IBM etc." BRN is a minnow and they are Gorillas. Even if their tech is not quite as good as Akida, you can't ignore their global distribution networks, business relationships and brand credibility. Remember, Microsoft wasn't the best software of the day - but, they sure knew how to market. The best tech doesn't always win. One half credible announcement from Intel, IBM, or NVIDIA that they are 6 months from launching a competitor - and BRN share price would collapse.

    2. The tech has not yet been proven - we are still waiting for that announcement.

    3. Key executives might walk, or succumb to one of life's unfortunate events.

    4. The recent rapid price rise may well be over cooked, and it may retrace to a more realistic level and build at a more sustainable rate based on BRN kicking the normal boring milestones.


    But there are positives...


    1. AKIDA could well be first to market.

    2. They have existing relationships with big tech companies who are participating in the early access program.

    3. Key aspects of the technology are patented - this could well be a roadblock for others trying to follow.

    4. One of the Gorillas could simply write a cheque and buy BRN - patent lock, share stock and IP barrel.

    5. BRN are looking to develop their own application devices - a universal medical diagnostic device would worth billions (one example)

    We must remember, this is a speculative stock.

    There are risks.


    IMO
    DYOR


 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $408.3M
Open High Low Value Volume
22.5¢ 22.5¢ 21.8¢ $1.107M 5.019M

Buyers (Bids)

No. Vol. Price($)
6 110458 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 355185 24
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.